Elon Musk, 54, is on the verge of making history as the world’s first trillionaire. The milestone could be reached as SpaceX, his aerospace company, begins trading publicly on the Nasdaq, giving the market the chance to officially value the company.
Until now, SpaceX remained privately held, with Musk’s stake estimated roughly at $866 billion. Once the IPO goes live on June 12 at 16:30 Moscow time, the market’s pricing could push his net worth past $1.1 trillion, surpassing previous valuations of around $780 billion by Forbes.
The SpaceX IPO has already set a record as the largest in U.S. history, generating roughly $75 billion in capital and giving the company a total valuation near $1.8 trillion. Investors are closely watching, as this landmark listing not only reshapes Musk’s fortune but also sets a new benchmark in global business.
Musk’s past year, however, has been far from smooth. He has faced personal challenges, including a strained relationship with his transgender daughter Vivienne, ongoing legal disputes with the mother of his other children, musician Grimes, and a public clash with former U.S. President Donald Trump. His name surfaced in controversial files linked to billionaire Jeffrey Epstein, while online chatter has questioned his health, with rumors suggesting ketamine use under extreme stress. Financially, Musk recently revealed that his annual tax burden exceeded $10 billion, adding to a turbulent year despite his historic wealth.
